False statements for credit purposes

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Whoever knowingly, in his own name or in representation of a natural or artificial person, furnishes a bank or foreign bank any false information or financial statements, with the purpose of inducing the bank to grant credit, to give banking facilities, or make any business transactions with the natural or artificial person in relation to whom the false financial statements were rendered or the false information given, shall be fined not more than $1,000 or imprisoned not more than one year, or both.


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